Storm Damage Estimated at $200M
NEW YORK (AP) _ The storms that roared through the South and Midwest in April caused about $200 million in insured property losses, an insurance industry group said Friday.
The Property Claim Services unit of Insurance Services Office Inc. estimates that 80,000 claims have been filed to date in Arkansas, Missouri, Illinois, Tennessee and Kentucky. From April 15 to 17, floods, wind and hailstorms ravaged the states, along with a tornado that hit downtown Nashville, Tenn.
Tennessee suffered the worst losses, the New York-based insurance group said, with about $145 million in property damage. The group said Nashville sustained the worst urban tornado damage in many years.
In the three-day period analyzed by Insurance Services Office, personal property losses totaled $135.7 million, commercial property losses were $60.2 million and auto losses were $4.1 million.
The estimates do not includes losses incurred by the National Flood Insurance Program, and do not include loss adjustment expenses.